You know that the COVID-19 / coronavirus pandemic has caused many small and medium sized business throughout the State of California to lose money. However, what you may not know is that some insurance policies cover these losses. HAS YOUR CALIFORNIA BUSINESS LOST MONEY AS A RESULT OF THE PANDEMIC?...
An anticipatory breach of contract is a breach based on the words or conduct of a party, occurring before performance is actually due under the contract. What can you do to prevent an anticipatory breach contract? Can you file a lawsuit based on an anticipatory breach? What is an Anticipatory...
This guide will discuss the defense of impossibility to breach of contract, in the context of the current pandemic. Introduction In the current climate, when businesses are shutting down and economy has come to a staggering halt, many business owners are left wondering whether they are obligated to...
Law Office of Yoel Molina, P.A. 2655 Le Jeune Road, Suite 700-C Coral Gables, Florida, 33134 305-548-5020 Fd@molawoffice.com www.yoelmolina.com “OUR ONLY GOAL IS TO PROVIDE YOU WITH BUSINESS PEACE MIND TO PURSUE YOUR SUCCESS” Business, Loans & Contracts in the time of Coronavirus Do you have...
A force majeure clause in a contract may excuse a party’s performance if there is an unpreventable occurrence that disrupts contract performance. The COVID-19 pandemic may be such an occurrence as well as many of COVID-19’s affects. For any of these events to trigger force majeure, however, they...
COVID-19 is having a huge impact on businesses. The government has issued stay-at-home orders. Businesses have also implemented work-from-home policies for employees. These policies, however, may create new challenges for businesses in protecting their confidential information and trade secrets....
A force majeure clause discharges certain contractual obligations upon the occurrence of a force majeure event. What obligations are discharged and under what circumstances depend on the language of the specific force majeure clause. What is Force Majeure? A force majeure event is an occurrence...
Can performance of a contract be excused due to inability to perform the terms of the contract as a result of the shelter-in-place orders in the wake of the COVID 19 pandemic? Introduction During these times of uncertainty in the business sector, issues pertaining to contractual obligations are...
The business world is confronted with financial issues it’s never before seen. Businesses are quarantined. Unfortunately, though your revenue has ceased, your financial obligations don’t disappear. So how do you respond? Business Surviving the Quarantine COVID-19 is affecting all businesses, but...
